Ckenergy Electric Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 474815587 ✦ Binger, OK ✦ Designated as a 501(c)(12)

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Overview

What is Ckenergy Electric Cooperative Inc?

Ckenergy Electric Cooperative Inc, located in Binger, Oklahoma, is a membership-driven electric utility cooperative. This nonprofit organization prioritizes delivering quality and dependable electric services to its members. With 26,103 active services at year's end, they allocate patronage capital to supply electric energy to their constituents. Ckenergy Electric Cooperative's mission remains steadfast in ensuring the reliability and quality of the electric supply to its community.


Official website here: www.ckenergy.coop

Is Ckenergy Electric Cooperative Inc legitimate?

Ckenergy Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Ckenergy Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,860,332
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,881,258

For more financial information, click here


Official website here: www.ckenergy.coop

What is the mission statement of Ckenergy Electric Cooperative Inc?

Ckenergy Electric Cooperative is a member-owned electric utility committed to delivering quality and dependable electric services to its community. The cooperative's primary focus is on providing electricity to its members, harnessing the power of their collective investment through patronage capital. With 26,103 active services, the organization offers essential energy solutions to a significant number of households and businesses. Ckenergy Electric Cooperative's unwavering dedication to providing quality electric service ensures a better standard of living for its members.


Official website here: www.ckenergy.coop

Who is the CEO of Ckenergy Electric Cooperative Inc?

Clint Pack is the Trustee of Ckenergy Electric Cooperative Inc. The CEO's salary of Ckenergy Electric Cooperative Inc is $279,466 and their total compensation is $466,254.


Official website here: www.ckenergy.coop

What is the revenue of Ckenergy Electric Cooperative Inc?

Ckenergy Electric Cooperative Inc's revenue in 2022 was $96,879,490.


Official website here: www.ckenergy.coop

Who are the executives of Ckenergy Electric Cooperative Inc and what are their salaries?

The average compensation at Ckenergy Electric Cooperative Inc during 2022 was $73,729. There are 105 employees at Ckenergy Electric Cooperative Inc.


Here are 24 key members and their salaries (Ckenergy Electric Cooperative Inc's CEO's salary is $279,466 and their total compensation is $466,254):


Gary Brewster (Trustee)
  • Compensation: $14,943
  • Related: $0
  • Other: $0
Walter Hrbacek (Trustee)
  • Compensation: $16,498
  • Related: $0
  • Other: $0
Greg Little (Vice President)
  • Compensation: $26,484
  • Related: $0
  • Other: $0
Don Payne (Trustee)
  • Compensation: $35,304
  • Related: $0
  • Other: $0
Scott Klingman Aug-Dec (Trustee)
  • Compensation: $8,800
  • Related: $0
  • Other: $0
Fred Reuter (Secretary/Treasurer)
  • Compensation: $15,661
  • Related: $0
  • Other: $0
Jack Sawatzky (President)
  • Compensation: $21,024
  • Related: $0
  • Other: $0
John Schaufele (Trustee)
  • Compensation: $23,444
  • Related: $0
  • Other: $0
Tony Setzer (Trustee)
  • Compensation: $17,785
  • Related: $0
  • Other: $0
Mark Slemp (Trustee)
  • Compensation: $26,417
  • Related: $0
  • Other: $0
Steve Sweeney (Trustee)
  • Compensation: $19,096
  • Related: $0
  • Other: $0
Robert Travis (Trustee)
  • Compensation: $25,619
  • Related: $0
  • Other: $0
John Scott May-Aug (Trustee)
  • Compensation: $4,548
  • Related: $0
  • Other: $0
Glenn Propps Jan-Mar (Trustee)
  • Compensation: $8,183
  • Related: $0
  • Other: $0
Clint Pack (Ceo)
  • Compensation: $279,466
  • Related: $0
  • Other: $186,788
Debra Toho (Cfo)
  • Compensation: $161,776
  • Related: $0
  • Other: $158,315
Wisper Howell (Dir Of Consumer Acct)
  • Compensation: $158,910
  • Related: $0
  • Other: $92,990
James Hedrick (Director Of Operations)
  • Compensation: $172,955
  • Related: $0
  • Other: $114,160
William B Lee (Vp Strategic Planning)
  • Compensation: $161,274
  • Related: $0
  • Other: $109,892
Lance Goucher (Construction Foreman)
  • Compensation: $153,976
  • Related: $0
  • Other: $66,987
Gayla Coats (Director Of Hr)
  • Compensation: $145,967
  • Related: $0
  • Other: $119,479
Gary Williams (Power Manager)
  • Compensation: $139,600
  • Related: $0
  • Other: $57,317
Tommy Hannagan (District Lineman)
  • Compensation: $132,796
  • Related: $0
  • Other: $70,707
Jared Brown (District Lineman)
  • Compensation: $130,431
  • Related: $0
  • Other: $69,344


Official website here: www.ckenergy.coop

Where can I find the form 990 for Ckenergy Electric Cooperative Inc?

Ckenergy Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ckenergy.coop

Learn more at the official website: www.ckenergy.coop

Mission Statement of Ckenergy Electric Cooperative Inc

Ckenergy Electric Cooperative, a membership-based electric cooperative, is deeply committed to delivering high-quality and dependable electric services to its members. The organization's primary objective is to ensure that the electricity needs of its cooperative members are met effectively and efficiently. Ckenergy Electric Cooperative achieves this by allocating patronage capital, which in turn enables the provision of electric energy to its vast network of 26,103 active services nationwide.

In their mission to provide unwavering electric service, Ckenergy Electric Cooperative places great emphasis on the quality of the power they distribute. The cooperative's experienced team is dedicated to maintaining a robust and reliable grid, ensuring that power outages are minimized and that members receive consistent electricity supplies. Moreover, Ckenergy Electric Cooperative aims to foster strong relationships with its members, fostering a sense of community and collaboration. By focusing on the needs of individual members, the cooperative is able to tailor its services to meet the unique requirements of each household.

As a dedicated provider of electric services, Ckenergy Electric Cooperative is not only committed to keeping the lights on but also to the ongoing improvement of its operations. The organization continually invests in infrastructure upgrades, technology, and training to ensure that it remains at the forefront of the electric utility industry. By staying ahead of the curve, Ckenergy Electric Cooperative not only maintains its reputation for reliability but also paves the way for a more sustainable and efficient future in the energy sector.

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Impact




October, 2024

Ckenergy Electric Cooperative Inc significantly impacts its community by delivering quality and reliable electric service to its members. Serving over 26,100 active services, the cooperative plays a vital role in ensuring that homes and businesses in Binger, OK, and surrounding areas have consistent access to electricity.

By prioritizing the needs of its members, Ckenergy fosters a sense of community and collaboration among those it serves. The allocation of patronage capital further strengthens this bond, allowing members to benefit directly from the cooperative's operations. The organization's commitment to reliability not only enhances the quality of life for its members but also supports local economic growth by ensuring that businesses have the energy they need to thrive. Overall, Ckenergy Electric Cooperative Inc stands as a cornerstone of public benefit, contributing positively to the welfare and advancement of the region.




This information is meant to be a general summary of Ckenergy Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$96,879,490 (2022)
Expenses
$96,879,490 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $456,181
  • Program Service Revenue: $96,317,453
  • Gross Receipts: $96,993,116

Assets and Liabilities:

  • Total Assets: $211,315,607
  • Total Liabilities: $138,831,240
  • Net Assets: $72,484,367

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALES OF ELECTRICITY

Revenue

$94,539,863

PATRONAGE DIVIDENDS

Revenue

$1,570,051

OTHER PROGRAM REVENUE

Revenue

$112,119

SERVICE FEES

Revenue

$95,420

Organization Details

Founding Year

2016

Principal Officer

Clint Pack

Main Address

PO BOX 70, BINGER, OK, 73009

NTEE Category

Code: W80 - Public benefit

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